MELANIE5831 MELANIE5831

14-11-2019
Business

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A certificate of deposit is a certificate of ownership in a corporation.

Question 4 options:

True

False

Respuesta :

fernandoalonsoc fernandoalonsoc

14-11-2019

Answer:

False

Explanation:

A certificate of Deposit or CD is a deposit made into a bank for a specific time. This deposit will earn a fixed interest rate that varies upon the days the deposit is made of. The rule is: Longer the days of the deposit, longer the interest rate paid.

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